According to the New York Fed Reserve Bank the PPACA appears to be doing what it was intended to do besides grant more people healthcare. States that opted into the Medicaid expansion and the PPACA have experienced a decrease in the number of billings going to collection agencies. “We see that between 2009 and 2015, […]

THIS makes me VERY happy. I go to fairly extreme lengths to avoid buying products from companies that do testing on animals. Ology bar soap and liquid hand soap, which I get at Walgreens, is a favorite, but also Alberto Culver products and a shampoo brand I pick up at Dollar Tree (my mind is blanking […]

I find Jon Chait extremely interesting and stimulating. I often check his blog and regret the rareness of his posts (look who’s typing). He usually overstates his case and has an even the liberal New Republic hippy punching background. This subtitle is pure click bait How Can Hillary Clinton Win the Bernie Sanders Vote? By […]

Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start. We can prove it! (Via Barry Ritholtz) (Via HBO)

Yes, Omar, I would be delighted to elaborate. Thank you for asking. The point I am trying to make was stated by John Stuart Mill in On Liberty, “He who knows only his own side of the case, knows little of that.” The truth of that maxim is illustrated by the claim, in your counterpoint to […]

Noah Smith asks what seems to be an interesting question in a recent post: “what leads to big recessions: wealth or debt”? But I’d like to suggest that it’s actually a confused question. Like: is it the heat or the (relative) humidity that makes you feel so hot? Is it the voltage or the amperage […]

I would like to draw the readers’ attention to an item I posted yesterday and say a few words about the significance of the discovery mentioned in it. The mock “theory of the Lump of Labour” was invented in 1891 by David Frederick Schloss in an article titled “Why Working-Men Dislike Piece Work.” The Oxford […]

Here’s a video from the Clinton campaign full of Republicans criticizing Trump for his attacks on the judge in his fraud case. — Greg Sargent, Washington Post, this evening Why, of course it’s a good idea, in a campaign that should be based largely on the likelihood that if elected, Trump would serve as Paul […]